Metal Cans Market Size, Share & Trend Report

Metal Cans Market Size, Share & Trend Analysis Report By Product (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices), And Segment Forecasts, 2012 - 2020

  • Published Date: Feb, 2017
  • Base Year for Estimate: 2015
  • Report ID: 978-1-68038-150-4
  • Format: Electronic (PDF)
  • Historical Data: 2012 - 2015
  • Number of Pages: 78

Industry Insights

The global metal cans market size was estimated at USD 48.08 billion in 2016 and is expected to grow at a CAGR of 2.4% over the forecast period. The increasing surge for canned products is likely to drive the demand for the product over the forecast period.

The product is gaining prominence due to its distinct features such as hermetically sealed cover, resistance to transportation and irregular handling, and easy recyclability. The aluminum and steel sheets are the primary raw material for the manufacturing of the product. Major suppliers of the raw materials (aluminum & steel) includes giants such as UC Rusal, ArcelorMittal, Alcoa, Hydro, Chalco, Hindalco, etc.

North America metal cans market

Manufacturers tend to obtain raw materials from these multinational companies on contract basis to gain economies of scale. Ball Corp obtains steel on an annual contract basis with fixed pricing or a pricing change period and aluminum on multi-year contracts with fixed pricing.

The various coating technologies used in the manufacturing of the product includes high-solid coatings, waterborne coatings, powder coatings, ultraviolet radiation-cured coating, and conventional solvent borne coating.

The purpose of the coating on the interior and exterior of the metal cans is to protect the product from abrasion and rust, to reduce friction, and provide improve handling. However, the coating operation results in the emission of volatile organic compounds (VOC’s). The U.S. Environmental Protection Agency (EPA) has stated the guidelines to limit VOC’s and other pollutants emission by adopting new technologies of coatings.

The U.S. Environmental Protection Agency (EPA) has specified guidelines for the vendors of the industry to limit Hazardous Air Pollutant (HAP) emission during surface coating operations. The standards states the application of the maximum achievable control technology (MACT) during the surface coating operations. The common type of HAP released by the manufacturing facilities include methyl isobutyl ketone (MIBK), hexane, glycol, and xylenes.

In the North America region, the U.S. food and retail industry is the key source driving the demand of the product. The number of superstores and grocery stores in the country increased by nearly 2,292 from 2011 to 2016. The increasing number of smaller households is the key driver for the growth in the food and retail sector of the country. Thus, directing the demand for the smaller packaging units.

Moreover, the Association of Packaging and Processing Technologies and Packaging Machinery Manufacturers Institute (PMMI) predicts that the food sector in the U.S. is likely to grow at a CAGR of nearly 2.9% from 2016 to 2022. The snacks food segment is likely to drive the demand for the product as the segment widely uses recyclable material for single serve packs.

Product Insights

Food metal cans are used for packaging of fruits, vegetables, soups, noodles and meat for longer time duration and inducing long-shelf life. Mostly, steel and aluminum alloys are used as metal for packaging of fruits and vegetables.

The products distinct features to offer barrier against high temperature and other external activities along with ability to offer long-duration freshness is expected to be the key driver for the growth fruit metal cans over the forecast period. The CAGR for the global food and preservative market is expected to be 3.0% from 2015 to 2022.

Similarly, metal cans are used to preserve vegetables by enabling freshness and maintaining the nutritional content of the vegetable for a longer period. The frozen vegetables market is expected to grow by nearly USD 5.6 billion from 2017 to 2022. The growing working population is expected to be the key driver for the growth in the global frozen vegetables market.

Beverage metal can was the largest used product, accounting for 79.3% of market share in 2013. Beverage metal cans demand for is expected to grow owing to increasing carbonated soft drinks (CSD), beers and fruit juices demand. The product is gaining popularity in the segment due to its recyclable property and cheap price as compared to PET and polycarbonate bottles.

Recyclable quality, cheap price and less hazardous affects pertaining to use of metal including aluminum in comparison with plastic-based PET is expected to fuel market growth over the next six years. However, tin metal cans are ineffective in preserving acid based citric fruits and vegetable juice that is expected to hamper the market growth.

The industry growth is likely to be challenged by increasing prominence of bio-based plastics as companies such as The Coco-Cola Company and PepsiCo have formed various alliances with bio-based chemical manufacturers such as Gevo, Virent for development of bio-based plastics.

Regional Insights

North America region is expected to dominate the global industry of the metal cans over the forecast period. The growing consumption of beer and other alcoholic beverages is likely to be the key catalyst for the growth of the industry.

Global metal cans market

For instance, Mexico has witnessed a 92.6% increase in beer production from 1993 to 2011.The country produced 79 million hectoliters of beer in 2013. Growing beer consumption in Mexico is expected to have positive impact on market growth over the forecast period.

Similarly, Austria, Bulgaria, Croatia, Czech Republic, Latvia, Lithuania, Norway, Poland and Romania have witnessed significant growth in beer consumption in 2013. Growing beer consumption coupled with European Commission’s initiatives pertaining to recycling of chemicals and metals is expected to propel metal cans market growth over the forecast period.

The frozen food sector in the U.S. expected to witness growth in sales of frozen foods up to 8% in 2014 owing to increased popularity among people preferring fresh and healthier food. This growing trend is expected to augment the demand for metal cans as a good preservative medium over the forecast period. 

Same trend was observed in the European region. Russia is projected to witness significant growth in production of meat owing to improving economic conditions of the region. The meat production in Russia is expected to reach 8,000 kilo tons in 2013 from 7,600 kilo tons in 2012.

Growing meat production is likely to augment the demand for metal cans as a preservative medium over the forecast period. Europe accounted for more than 30% of global frozen food market. Advancement in new freezing technology is anticipated to augment the demand for frozen foods in Europe, and promote the market growth of metal cans over the forecast period.

Metal Cans Market Share Insights

Global industry is fragmented with large number of domestic companies focusing on regional markets. The Key market players including Rexam PLC, Crown Holdings, Ball Corporation, Amcor, CPMC Holdings and Ardagh Packaging manufacture metal cans of varying sizes suitable for various applications. The other prominent vendors of the industry include Ardagh Packaging Group Plc, Kian Joo Group, Rexam PLC, etc.

These vendors have sales and distribution offices situated in different regions facilitating market presence and increasing customer base. Metal cans are being increasingly used for applications such as food and beverage packaging. As a result, multinational beverage companies such as The Coca-Cola Company, PepsiCo and Red-Bull are major customers for the market.

Majority of these companies have established exclusive agreements with distributors to cater to end-users. Some companies have their own distribution networks, thus increasing their revenues by distributing products to independent manufacturers.

Report Scope

Attribute

Details

Base year for estimation

2015

Actual estimates/Historical data

2012 - 2015

Forecast period

2016 - 2020

Market representation

Volume in units, revenue in USD million & CAGR from 2014 to 2020

Regional scope

North America, Europe, Asia Pacific, Rest of the World

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

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Segments Covered in the Report

This report forecasts revenue growth at the global & regional levels, and provides an analysis of the industry trends in each of the sub markets from 2012 to 2020. For the purpose of this study, Grand View Research has segmented the global metal cans market report based on product, and region:

  • Product Outlook (Volume, Units; Revenue, USD Million, 2012 - 2020)

    • Beverage cans

      • Carbonated soft drinks (CSDs)

      • Alcoholic beverages (Beer, wine, spirits)

      • Fruit & vegetable juices

      • New drinks (energy & sports drinks, tea, coffee))

    • Food cans

      • Fruit (Excluding Juices)

      • Vegetables (Excluding Juices)

      • Soups & Miscellaneous Foods

      • Other Foods (baby food, meat and poultry)

    • Others

  • Regional Outlook (Volume, Units; Revenue, USD Million, 2012 - 2020)

    • North America

    • Europe

    • Asia Pacific

    • RoW

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